I am deeply concerned that the American public, specifically our nation’s elders, will be relying on our government to give long term care services they’ll never ever see. They will only see the “smoke and mirrors” of Health Care Reform.
Our nation’s seniors are the most vulnerable segment of the U.S. population vulnerable both overall health sensible and financially. They’re silently discovering the savings they thought would be adequate is not enough. They are silently fearful of running out of funds with no 1 to care for them as they develop into much more frail. The silence is about to turn out to be deafening.
Regrettably, when Health Care Reform proudly announced New Lengthy Term Care Solutions, it discouraged many American’s from acquiring Lengthy Term Care Insurance.
The New York Times reported on ‘Options Expand for Economical Lengthy-Term Care’ THE NEW OLD AGE. The Connected Press announced ‘New Well being Care Law Has Added benefits for Seniors’. Point being, the casual reader was relieved to hear their government will “take care of them” when they will need lengthy term care solutions. We now know that is not about to occur.
Fortunately our representatives in Washington discovered that Wellness Care Reforms answer to the problem of Lengthy Term Care, “CLASS”, (Community Living Assistance Services and Supports Act) legislation would have been fiscally unsound. $70 billion in premiums that was expected to be raised for the new “long term care” plan would have been counted as “deficit reduction”. The lengthy term care rewards it was intended to finance had been assumed not to materialize in the initial 10 years. Having said that, that income was not accounted for anyplace in the legislation.
The new legislation proposed to “trim” $463 billion from Medicare. But Medicare is currently having problems balancing its books today. But, why does the well being care bill inform us Medicare can operate extra cheaply going forward without the accompanying reforms?
Our national media gave huge fanfare to the CLASS ACT when it passed. Unfortunately the media has given the CLASS ACT’s demise little attention. Now what?
Projections show that the federal deficit is expected to exceed $700 billion annually more than the next decade. This essentially will double the national and $900 billion represents interest on preceding debt. Would the CFO of any significant corporation in the United States allow the corporation he worked for to end up in this type of monetary position? Absolutely not.
Our officials in Congress have been elected to defend the most effective interests of the American individuals. “Robbing Peter to spend Paul”, and after once again printing much more currency, has grow to be our government’s mantra for the future. But yoursite.com of the mismanagement of America’s purse strings has now reached an unconscionable state.
The United States of America can not continue to mismanage its financial future. Future Congresses will have to deliver a multitude of future reforms and, regrettably, history tells us THAT will by no means take place. Proposals for financing health reform were primarily based on extra “smoke and mirrors”. The “Cadillac” tax is scheduled to begin in 2018.
The well being care legislation that has been forced on each and every a single of us is identified to be fiscally unsound. Where do we go from right here? It’s also straightforward to point the finger at the President and his administration. However Congress owns the responsibility of passing Well being Care Legislation. And THAT is the difficulty.
The 535 voting members of Congress shared the responsibility equally. If one clear thinking, intelligent, honorable Congressman had the entire responsibility for Wellness Care Reform, he or she would not have forced a fiscally unsound Overall health Care Reform Bill down our throats.
Now let’s once more evaluate how Health Care Reform will function against our senior citizens.
A most current government report identified that in 2000 there had been 1.eight million available nursing residence beds. As the year 2010 came to a close, there were 1.7 million nursing house beds a net 5 % reduction in offered beds. And, there are no new nursing properties getting built.
Nowadays there is much less than 1.5 million Americans confined to nursing properties. Reportedly ten % of these nursing properties are operating beneath bankruptcy protection. It’s nicely known that most of these facilities are understaffed and numerous don’t have competent assistance.
Next, let’s look at that the Alzheimer’s Association tells us the likelihood of developing Alzheimer’s after age 85 is 50 percent. By 2030, they inform us that the number of people today age 65 and older with Alzheimer’s disease is estimated to reach 7.7 million, a 50 percent improve from the 5.two million age 65 and older currently impacted.
The logical question I have to ask is “if we can’t take adequate care of 1.5 million persons right now, how can we possibly take care of 7.7 million people today in 2030?” We can’t. Much more just place, when you or your spouse or your parent has Alzheimer’s, there is no spot for them to go. Not to be cruel, but if you ever believe for a moment about taking in an aged parent with Alzheimer’s into your house, please assume once again. Ask any caregiver who’s been through it. It really is Guaranteed to destroy any families’ peace of mind and harmony.
Why aren’t our political leaders actively operating on solutions? Where’s the outcry? Regrettably our political leaders only align themselves with solvable troubles.
America’s seniors became extra hopeful reading that Well being Reform will aid them with added Lengthy Term Care solutions. And we now know THAT is not going to happen. There are no plans in spot to aid our nation’s seniors think they’ll obtain the comfort and dignity of adequate lengthy term care services. What’s worse is the silence shared by all our political leaders. The silence is now deafening.